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NON-UNIFORM COVENANTS. Borrower anci Ltrxitr futt r}u naot arxi agre~ foiluws: i
19. Accckntion; Remedies. l.c~nder shall give notke to ~~prior to ~c~i~(~tioa tolloHing Borrnwer's breach ot yny #
core~wnt or sgreement in thk Security Instrument (but aot prior to sccrkration undcr paragraphs 13 snd 17 unkss applkabk ~
law~ providrs otherwlse). 7'!~c notict shall spectfy: the dehult; (b) the ~ction rcqulred to cure the detauH; (c) a date. not less ~
thao 30 dsys trom the dste the aolke is givea to Borrotirer, by whkh tbe defauit must be cured; and (d) that [ajlure to cure the
defoult on or betorc tbe date specitied ia the notke may result la accelrratioo ot t6e sums serured by ti~ Security lnrirument.
ror~w~sure by )~aict~ pro~ceai~ sna ~e ot ~ee Propeny. 7Lc ~wtke sbail turtber infam Borrower ot the ~ight to retnstate af1e~
acceleratloa aad Ihe rigbt to assert ln tbe foreciosure proceeding tbe aoa-sxistence ot r de[ault ar any otber defens~e of Borrower
to accekratba w~d [oreclosure. It tbe detault is not cured oa or betore tl~e date specu~ed in tbe notke, Lender at its option may -
require immediate {w~meat in lull ot aU sunu secured by thi~ Secu~itr Instrument witlaut furU~er danand aad may foreciase ihLs
Securit)' In~rrment by judkW Proceedin6. Lxnder sha!! be eutltled to cullecl all exp~es incurred In pursuing the remedies pro~~ided
in th~s paragcap6 19. including, but aol liidted to, reaswwbk attoraeys• fees nnd costs ot litk erWena.
20. Lender in Possession. Upon acceleration under paragraph 19 or abardonment uf the Property, L.ender (by judicialiy appointed
receiver) shall bo entided ro enter upon, take possession of and manage the Pmpeny and to collect u~c rents of the Property including
those past due. Any rents collected by l.ender or the receiver shall be applied first to payment of the costs of management of the Property ~
aed collection of rents, including, but not fimited to, receiver's fees, premiu:::s on receiver's bonds and reasonable attorneys' fees, and ~
then to the sums secured by this Security Inswment.
21. Release. Upon payment of all sums secured by this Strurity Instrument, Lender shall release this Security Instrument without ~
• charge to Borrower. Borrower shall pay any recordation costs.
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22. Attorneys' Fees. As used in this Security Instrument and the Note. "attorneys' fees" shail include any anorneys' fees awarded ~
by an aNpellate court. i
+ 23. Riders to thLs Security It~trument. If one or more riders are executed by Borrower and recorded together with this Securiry i
Inswmem, the covenants and agreements of each such rider shall be incorporated into and shall amend and suppiement the covenants
and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Ct~eck applicable box(es))
~ Adjustable Rate Rider ~ Condominium Rider ? 2-4 Family Rider
? Graduated Payment ~~der ? Planned Unit Development Rider ~
? Ott?er(s) [specify]
BY SIGNlNG BELOW, Borrower accepts and agrees to the ~erms and covenants contained in this Security Inswment and in an~
rider(s) executed by Borrower and recorded with it.
1N WITNESS WHEREOF, Borrower has executed this Mortgage.
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~ ~ EINZ W. RR~?USE
wiMeS+S
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-s ~-C~C.C~' _ (Seal} n/~ ~1 Q./~ ~ ~C~~ e!--- (Seal)
W;{.~,~~~""ss LIESELOTTE RRAUSE
STATE OF: ~ P,c,t! ~P.~Y-S~ County ss: ~yy~d~_ •
1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take
acknowledgments, personally appeared
HEINZ W. RRAUSE AND LIESELOTTE RRAUSE
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, to me known to be the person(s) described in and w-ho executed the foregoing
instrument and acknowledged before me that THEY executed the same for the purpose therein expressed.
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m~+' hapct•.,a~t official seal in the county and state aforesaid this 1]th day of ~
? ~ i..Auqus=;-~ ~ . ~9 85, ~
~ MY V.'~..;~~[,~~x~s • ;;r . ~ ~
~~t~~ Y! Z' *.r~ 1~E JANET H. GREENLEE ~
~ - S . ~ :J '.•Notary Pubik of tVsw Jensy ,
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1F•,~_~'~.~+'. :Y:-"; ~~CommiasionExpiresSep:.24.1 ~
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• N• i~ ~ r.~i` ISPaee Bebw Thff lIM F~iHVlQ f0? Additbnal ACknOwbdsrulnt)
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RECORD AND RETURN T0:
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